Samsung’s first attempt to launch a smart watch didn’t go as planned. We are hearing that most launch partners are stuck with huge inventory that didn’t sell as well as it originally expected.

The news comes from a few of our industry friends and the timing doesn’t seem to be good for Samsung, either. It is expected that Samsung flagship Galaxy 5 as well as Gear 2 watch, Gear 2 Neo and Gear fit launch within next couple of weeks if not sooner. Most countries got April 11th as the launch date and the launch date of all four of these gadgets will depend on the market, but it will be close to April 11 for most markets. We also hear that Galaxy Gear 2, Gear 2 Neo and Gear Fit are selling significantly better than the first batch.

People in the know are confident that the second generation can do better despite a rather steep price. We can see a good chance for the Gear fit judging by the Fitbit success. People will be wanting to check out their text messages on their watches as it sounds like a cool thing to do.

The biggest obstacle for Galaxy Gear 2 is Android Wear, as smart watches like Moto 360 can put a lot of pressure on Samsung’s own platform or Qualcomm proof of concept known as the Toq watch. Having Google Now integration on a smart watch makes it a lot more functional, but we would have concerns over the battery life as well as the price. Don’t forget that Fossil watch group also committed to introducing an Android Wear based watch and since this manufacturer is quite well known brand in the mainstream watch market, maybe it can help speed up mass market adoption.

The redundancy and limited functionality of your average smart watch compared to your mobile phone is something we will all face, but it will be up to users to decide if they need more microprocessors on their body in form of wearable technology. We can tell you that it is cool to be able to read your email on a watch, at least for a little while until it gets old.

Samsung’s second-generation, high-end Galaxy Gear smartwatch set you back $300, the outfit has confirmed. It has also said that its Gear 2 Neo and Gear Fit will go on sale for $200. ??AT&T will be taking pre-orders for all three on March 21st, with shipments starting in early April. ??

The Samsung Gear 2 and Gear 2 Neo feature 1.6 inch, 320 x 320 pixel displays, 512MB of RAM, 4GB of storage, Bluetooth and IR ports. They are equipped with sensors capable of tracking steps, sleep patterns and heart rate. There is also a camera, albeit only for the higher-end Gear 2. Gear Fit has a 1.84-inch curved 432 x 128 pixel display, activity-tracking sensors and is fully capable of displaying incoming calls and other notifications from a paired smartphone via Bluetooth.

They run on Tizen, with Samsung releasing an SDK targeted at mobile devs interested in creating Android apps to communicate with the wearable devices. ??Meanwhile there is no news on Apple’s over hyped watch, which has still to reach the streets, or even be announced yet.

It seems that wearable computers, which were an obvious score for Apple, have been put on a Microsofteque time table and will probably only be available after all the break-throughs have been made.

While Apple’s own smart watch is still vapourware, Sony is set to release a second generation of the technology. Word on the street is that Sony is planning to unveil its next generation smartwatch at the 2014 Consumer Electronics Show scheduled to be held in January.

Imaginatively titled Dubbed SmartWatch 2 the toy should be in the shops in June. According to the latest FCC (Federal Communications Commission) filing, Sony is working on a "BT Wrist Notifier" bearing model number SWR10. It has been approved by the FCC, it is expected the name will change.

The documentation reveals that the SWR10 is an NFC-enabled device and has built-in Bluetooth, which will enable it to pair with a wide range of compatible devices. Other mobile manufacturers such as Samsung and LG have been rumoured to launch their smartwatches. Samsung is currently working on the Galaxy Gear 2, and LG, on the other hand, is expected to launch the G Arch, which is said to be a flexible screen smartwatch and the G Health, a fitness bracelet.

Samsung is working on a new class of smart devices, including a smart wristwatch.

Lee Young Hee, executive vice president of Samsung’s mobile business, said during an interview that the company has been working on a watch for quite some time, reports Bloomberg.

“We are working very hard to get ready for it. We are preparing products for the future, and the watch is definitely one of them,” he said.

Of course, Lee did not offer any details, so it is unclear when the Galaxy watch could hit retail, or at white price point. Apple is reportedly working on a smart watch as well, while Google is also dabbling with wearable smart tech with its Google Glass.

Now all Google, Samsung and Apple need to do is figure out how to convince people that wearing tacky glasses and huge, geeky watches is cool and trendy rather than plain silly.